tod hands will be headed nyu. i will have his first interview since his retirement announcement. a big deal for those that followed his career for decades on wall street. equity futures indicate stocks will rebound at the open after a two-day selloff. we will get a minutes from the fed policy meeting. citigroup and closing the investigation into mortgage bond sales. to $7ay have to pay up billion in fines. prosecutors said the bank misled investors. president obama heads to .ongress -- texas the number of unaccompanied bordern caught at the has doubled in the last year alone. president obama will sit down with texas governor rick perry to discuss the emergency. he will not be at the border or the influx contact -- where the influx continues, but he will be in dallas. he will not visit the border at all. white house correspondent phil mattingly has been covering the story. the white house made the request for emergency funding yesterday. will that be enough and how are the democrats and the republicans reacting to it? >> administration officials willingly acknowledge it is a short

. >> tim naftali who is with nyu and was nixon presidential library director joining us from new york. thank you for adding your voice and perspective to the debate we are about to show our audience. we'll take you back to july 29, 1974, the house judiciary meeting. for the next three hours, the evening debate over article ii of impeachment of richard nixon. >> themi

and arun of nyu stern school of business. thank you.the weather channel ceo wearing a smart watch? find out how local tech factors into the company strategy for driving traffic next. ♪ >> welcome back to "bloomberg west." i am emily chang. we turn to the bwest byte, one number that tells a whole lot. jon erlichman is back from sun valley and at his home in l.a. what have you got? >> there is a new ios pushing of the weather to the site. we caught up with kenny on the weather strategy. >> i think the value is always determined by the subscriber. the fact that we are so highly rated in the morning with people starting their days with us and staying with us all day, that means they are very interested. i think those fans love us. i believe that our partners get good value from that. it is a great brand. they know everyone likes it. >> to your point about the mornings, you guys hired sam champion. that was a big play to say we want to be a very important morning destination. how was that going for you? >> we have got sam and his colleagues

>> no, i said where do you go to school, he said nyu. >> that would be an art.alk to them before? >> not that much. >> you are looking for morons? >> one woman had a fur coat. that must have cost a lot of money. some were homeless. we get a wide variety. >> you didn't have anyone homeless there, did you? >> the dark skinned woman with the hood, i think he was hanging out at penn station. >> maybe she was under cover. she could have been a detective. i don't think you should generalize, watters. jesse watters with watters world on deck. he goes to earth day. >> how do you help the environment? >> i recycle. >> i grow a lot of plants. >> what kind of vegetables? >> tomatoes. >> big tomatoes. >> big tomatoes. >> pretty good size. eachwon't have a claim.wners that's why allstate claim free rewards gives you money back for every year you don't have one. and why if you're part of the other 5%, allstate offers claim rateguard. so your rates won't go up just because of a claim. no matter what comes your way, your home protects you. ...protect it back allstate home insur

>> no, i said where do you go to school, he said nyu. >> that would be an art.ou talk to them before? >> not that much. >> you are looking for morons? >> one woman had a fur coat. that must have cost a lot of money. some were homeless. we get a wide variety. >> you didn't have anyone homeless there, did you? >> the dark skinned woman with the hood, i think he was hanging out at penn station. >> maybe she was under cover. she could have been a detective. i don't think you should generalize, watters. jesse watters with watters world on deck. he goes to earth day. >> how do you help the environment? >> i recycle. >> i grow a lot of plants. >> what kind of vegetables? >> tomatoes. >> big tomatoes. so, your site gave me this "credit report card" thing. can i get my actual credit report... like, the one the bank sees? [ male voice ] sheesh, i feel like i'm being interrogated over here. [ male voice ] she's onto us. dump her. [ pay phone rings ] hello? oh, man. that never gets old. no, it does not. [ female announcer ] not all credit report sites are equal. experian.co

>> no, i said where do you go to school, he said nyu. and i said oh, boy. how much did that cost?that would be an art. you talk to them before? >> a little bit. a little bit. >> i get a lot of mail that you're looking for morons. >> it's not that difficult in penn station. >> one woman had a fur coat. that must have cost a lot of money. some were homeless. we get a wide variety. >> you didn't have any homeless there, did you? >> the dark skinned woman with the hood, i think he was hanging out at penn station. >> maybe she was under cover. she could have been a new york city detective. >> that's right. it's a sting. >> i don't think you should generalize, watters. jesse watters with watters world on deck. he goes to earth day. can't wait. >> how do you help the environment? >> i recycle. >> i grow a lot of plants. >> you grow plants. >> what kind of vegetables? >> tomatoes. >> big tomatoes. >> pretty good size. >> juicy? could i try one of your tomatoes one time? >> if you come over. >> right back. you know that dream... on my count. ...the one where you step up and save the day? m

nyu. i said oh, boy how much does that cost? >> it must be in art. but you do talk to them a little bit before you start the interview. >> a little bit. >> i get a lot of mail like you're looking for morons. >> it's not that hard in penn station. >> not hard anywhere. >> but you're trying to get a cross-section. >> one of the women had a fur coat. that must have cost a lot of money. some people are homeless. >> you didn't have any homeless people did you? >> i think some people hanging out. the dark-skinned woman with the hood? i think maybe hanging out at penn station. >> could have been undercover. a new york city detective. i don't think you should generalize, watters. jesse watters, everybody, living large. >>> jesse goes to earth day. can't wait. >> how do you personally help the environment? >> i recycle. >> i grow a lot of plants. >> you grow plants? >> yes. >> what kind of vegetables do you have? >> tomatoes. >> big tomatoes? >> pretty good size. >> use juicy? could i try one of your tomatoes one time? >> if you come over. uit. along with sup

he said, nyu. i said oh, boy, how much does that cost? >> he must be in arts. >> you do talk to them a little bit before you start the interview? >> a little bit. >> i get a lot of mail like, you're looking for morons. >> no, not that hard in penn station, if anyone has ever been there. >> no. >> one woman had a fur coat, that must have cost a lot of money. one was homeless. the dark-skinned woman with the hood, i think she was hanging out at penn station. >> maybe she was undercover. she could have been a new york city detective. >> right. it was a sting. >> don't generalize watters. jesse watters, everybody. watters world on deck. jesse? >> earth day. can't wait. >> how do you personally help the environment? >> i recycle. >> i grow a lot of plants. >> you grow lantz? >> yes. what kinds? >> tomatoes. >> big tomatoes. >> pretty big. >> juicy? can i try one of your tomatoes sometime? >> if you come over. get complete protection. because the best moments in life aren't experienced from the sidelines. now there's nothing holding you back. t

i went to nyu film school -- i was -- i went to nyu when i was 16 years old.nity because of my relationship with russel simmons. and took me to a public enemy concert. and because he had screened one of my short films, the only people that showed up were rappers. that's the only people russell knew. and public enemy said, "we want brett to do our next video." and russell's like brett who? and he's like -- i'm standing right next to him. they go, "brett. white man brett. you friend brett." [ laughter ] and so that was my first video. and once you do one, and the day that video aired was the day -- remember they started putting the director's name on it. >> seth: yeah. >> every rapper started calling going, "i want brett ratner to do my video." so l.l. cool jay and then, jodeci, and every rapper in the world. so, i did about over 100 music videos before i did my first movie and then, of course, i did "rush hour." and that was -- that was the start of it all. >> seth: that's great. and you just posted this photo -- this is you and slick rick, right? >> that's me

>> guest: well, i was--i had taken a leave of absence from my teaching at nyu, a sabbatical, to learn economics. i felt at that point, economics was becoming important. up until that point, i assumed that lor--john maynard keynes had said everything there was to say about economics. but once we got stagnation and inflation at the same time, it was quite clear that someone had to revise economics. and although i knew i couldn't do it myself, i--at least i wanted to understand what was going on. so i took the year off, and i came to washington at the american enterprise institute, and mr. ford had just lost the election, so that laurence silberman and bob bork and nino scalia all came out of government. and before going on to their other careers as judges or as professors, they spent something like six months at the american enterprise institute. and we had no cafeteria then, we had no lunchroom, so we--the four of us brown-bagged it every day and just talked. then jude wanniski came down on a fellowship--he was writing his book then--and he started talking to us about supply-side econo

consume probiotics regularly for at least eight weeks to see a modest drop in blood pressure, but this nyu cardiologist harmony reynolds says it's not as clear a supplement is as beneficial as getting probiotics from their food. >> sometimes as people change their diets, exercise more and maybe probiotics is part of that plan, they can avoid medicine. >> i'll have a nice cold yogurt instead of ice cream and it's very satisfying. >> reporter: and it's an enjoyable step toward keeping her heart healthy. >> researchers say more studies are needed before doctors officially can recommend probiotics for high blood pressure and prevention. >>> one cause of high blood pressure is stress, but there are several things to do to keep your anxiety in check. >> indeed. doctors say the best thing is exercise. if you can't do that, watch your salt and sugar, get more vitamin d. hanging out with friends and loved ones can ease your stress and finally relax. try yoga, maybe meditation, even 15 minutes of medication can cut down on your stress. >> or just hang out with derek. nobody can be mad around d. >>>

and in 2009, nyu found closely-held companies employed up top 52% of the american workforce. >>> lightengs up, and huddle around the water cooler. we are going to be filled in on somebody we all know and love topping a list. >> so nice to have you back. i wasn't sure you were going to come back. >> i'm back for you. >> beyoncÉ rules the entertainment world, on the top of the forbes list of the most powerful celebrities. how did she get to number one? reportedly bringing in an average of $2.4 million a city. she also dropped that surprise self-titled album on itunes, breaking records with no p publici publicity. lebron james, number two, dr. dre, number three. and oprah, all the way down if four. and ellen degeneres. and beyoncÉ beat her hubby at number six. >>> and president obama cracking jokes for pride month. he was acknowledging his pastry chef bill, attending with his partner. >> we call bill the crust master. because his pies, i don't know what he does, what, he puts crack in them, or -- [ laughter ] >> no, he doesn't. there is no crack in our pies. >> see, the first lady try to do

>> guest: i believe he is an nyu student, or he was at the time i wrote the book. he did a fun thing and he put this own personal data on a kickic kickstarter account. he tracked his actions with a webcam pointed at himself and tracked his cookie data and he knew how to gather it and he had a beautiful visualization about his life. and he said if everyone is tracking me and making money off my unique portrait and identity in the world digitally or in the real world when tracked by camera, he said i should be able to make money. that is my data. so it was an ex experiment in showing people what the data looked like. i paid $5 for two days of data. and he sent it to me and i don't know him and it isn't like i'm going to use him to target him but i almost bought it in the sense of a form of artwork because it was a portrait of his life for a few days. i like keeping the money from the people who are using the data where the sole purpose is without connect between me and a brand or individual there is no personal transaction when stuff knows a third party data broker a

marc siegel, professor of medicine at nyu's medical center, also author of the inner pulse.d to see you both. >> good to see you. >> thank you. >> we start today with a new health alert about some of those breakfa

mark siegel, professor of medicine at nyu medical center and author of "the inner pulse" unlocking thed code of sickness and health and chairman and professor of neurology and chief of robotic surgery. good to see you, doc. >> we'll start with something that is called a sound disease because it can strike people too quickly and that is pancreatic cancer. pancreatic cancer claims the lives of 30,000 americans each year and now there's a new type of treatment that got the green light from the fda. dr. siegel, it is so troubling because it is so hard to detect and people don't know you have it until sometimes it's too late. >> if you've been asking us about this and first of all, 45,000 cases a year and 35,000 deaths gives you an idea of what we're dealing with here. it's a number one killer of solid tumors meaning the five-year survival rate is very tough. it's deep in the body of the pancreas and has blood vessels around it and it's by silent jaundice, meaning someone comes in looking yellow. there's no pain and you don't know it any other way, it's hard to screen for it unless you're l

msnbc political analyst and visiting professor at nyu, harold ford jr. where he is?y had trouble waking up this morning. >> my imaginary friend, harold. what time did you wake up? >> show that empty chair. are you serious? >> good morning, harold. you're looking really well. i like the tie. >> you're late for class. >> i got started early. >> we started early, harold. >> even joe is ready to go. that's bad.

marc siegel, professor of medicine at nyu's medical center, also author of the inner pulse. good to see you both. >> good to see you. >> thank you. >> we start today with a new health alert about some of those breakfa breakfast cereals. new research suggesting they may be getting more than the recommended amount of vitamins they need. how is this even possible? >> well, these are major cereals out there. so forthfied food actually helped us tremendously. as kids, we were not getting the new tricia. they were big time diseases and you don't see them anymore because in the food we're adding all the nutrients and vitamins and minerals. the study that came out is telling us that the labels on a lot of the cereals may or may not be correct. now we're finding out that there's more vitamin a, zinc. and niacin. about 10 million children out there are getting too much vitamin a which can affect your liver. you're getting too much zinc and that can affect us with asorpgs of copper and other elements. same thing with niacin. now cdc is looking into the labels because a lot of the label

mark siegel, professor of medicine at nyu medical center and author of "the inner pulse" unlocking the professor of neurology and chief of robotic surgery. good to see you, doc. >> we'll start with something that is called a sound disease because it can strike people too quickly and that is pancreatic cancer. pancreatic cancer claims the lives of 30,000 americans each

task force and sex assault suspect in a shoot-out in new york city in the middle of the village near nyu as the police try to serve the suspect. the suspect, charles mozdir is dead. two federal marshals and a new york police detective were shot. they are all in stable condition. the police have not released the names of officers involved. >>> dozens exposed to a mysterious chemical today during a hazmat situation in northampton county. chopper 6 hd over green star recycling in north hampton before 1:00 this afternoon. police say at least 30 people came in contact with the substance and it made some of them sick. five people went to the hospital. hazmat crews are trying to make sure the area is safe. >>> a huge tree fell across a road in delaware during this morning's storms and tied up traffic for hours. the actions cam was there and you can see the tree was blocking the way right there. no one was hurt, but cars had to turn around as drivers realized they couldn't get through. the power crews had to come to the scene because there was a fire hanging from a utilities pole into the tree.

professor at nyu. >> i'm delighted to be here. >> thank you for your work. first of all. let me judgment in and make of the most time we have with a direct and forthright we. what is wrong with for-prove prisons? everything in america these days seems to be moving in the direction of privatization. what's wrong with for-profit prisons? >> i think it is corrupt in our criminal justice system. our incentive ought to be to keep people out of jail and prison. it is not a good thing we have the highest rate of incarceration in the world. 25% of the world is incarcerated population. that's being fueled by things that has nothing to do with crime. it has nothing to do with public safety. and i think at the top of that list is this -- economic incentive to put people in prison for money. private prisons that led had a charge. 1908 we spent $6 billion a year on prisons and that was -- now we spend $80 billion. highway and health and human services. it is largely -- it has been pushed by small -- private correctional people who are spending millions of dollars to incentivize to kee

be teaching at nyu full-time. >> what do you think about that, tommy echo -- about that tom?about wall street that he is hanging it up? >> there have been -- has been a trend of people who have been successful and painted away and then go into the classroom and began teaching. he comes at it from so many different angles. he writes the famed black book for xander bernstein and everyone reads it. execution the interest -- >> hugely influential. this is why i have the ball. who do you think makes the materials in this ball? >> i would say adidas, but i have a feeling it is a trick question. >> right. bayer, known for the aspirin, they make the products, the plastic products that fill the ball. guest will be talking about extending the product line into other areas, but also more stem educated students. philip blake is having a hard time hiring. 8:00.ty lou at coming up on our agenda, citigroup and its potential billion $ -- settlement. -- billion-dollar settlement. ♪ >> good morning, everyone. tomorrow on the program, this is an important conversation. oll will join the meeting

cullen, a freelance journalist, matthew far welshing writer for "rolling stone," alex gelber, citizen nyu journalism school, lou san reid, eric bates, editor at first look, the intercept, ruby cramer, correspondent for buzzfeed, will dana, jack grey, senior producer at cnn, anderson cooper's 360, and jeremy. here to act as the emcee is ben smith who was hastings last employer and editor-in-chief at buzzfeed. since joining the company in january 2012, ben has built a newsroom of over 150 appropriators and editors, led expansion of over 20 content articles and built a team across the world. he has run for "the wall street journal" -- written for "the wall street journal", the los angeles times, slate, "the new york post" and the new republic. ben will join us on stage in just a moment, but first, a short audio clip from the book. >> introduction. why i write. finish my name is michael m. hastings, and and i'm in my 20s. i'm sitting in a studio apartment on the lower east side in manhattan, second floor overlooking or chard and bloomington. there's snow dropping by the streetlights. it's thr

brad hints at nyu stern.y high-frequency trading matters. ♪ >> good morning, everyone. i'm tom keene. with me scarlet fu and adam johnson. our guest host this hour, brad intz. right now, adam johnson has our top headlines. >> president obama picking up the phone, hoping to catch up patch uphip -- relations with an ally. he was talking to angela merkel since the station chief was kicked out of germany last week. the u.s. has been accused of spying. things have gotten tense since last year when germany first learned the u.s. was listening to merkel's cell phone. philippine officials are breathing a sigh of relief today. the country still recovering from the super cyclone that killed more than 6000 people. and the american league pennant winner will get home field advantage. he earned it with all-stars last night win. derek jeter was cheered by many minneapolis fans. he wins the corvette convertible. a nice win. yellen, the market came up abruptly on her testimony yesterday. senatorial questions this morning may

during that time he also served as an adjunct professor at nyu school of law. in 2008 mr. patton taught as an assistant to the university of alabama. and from 2010 to 2011, he was visiting associate professor of law at the stanford law school. he currently teaches professional responsibility in criminal law as an adjunct professor of law at nyu. mr. patton clerked for the honorable hilton for the eastern district of virginia. he's a graduate of university of virginia law school and we welcome you to the committee. we're expecting our first and our own votes of the day at 10:15, so without objection members' opening statements will be made part of the record. you are recognized for your opening statement. does that suit anybody? no objections? >> mr. bachus, there. thank you. thank you very much for inviting the department of justice today and thank you, congressman for that very nice introduction. we very much appreciate the opportunity to appear at today's hearing. last august in remarks at the annual meeting of the american bar association's house of delegates, my boss,

. -- nyu.here were a lot of people that ended up leaving during the course of the more than three out were recent tatian. pressure plate toward the end the room was more than half empty. he did have a few friendly's and the crowd. his father asked a question and asked him to clarify what entails a pyramid scheme. at the same time, the mood in the room was a relatively friendly one today. the stock price was going in the opposite direction. about 13% when he was speaking. more than recouping the losses from yesterday as they anticipated the presentation. >> julie hyman joining us from midtown manhattan. >> sales of existing u.s. homes climbed to an eight-month high in june. the national association of realtors said sales rose 2.6% last month with all four u.s. regions reporting gains. michelle meyer's at bank of america merrill lynch joins me in studio. welcome back. good to see you. trend,th does not make a we all know that, but how encouraging is the latest data? >> the third month of gains. t

i believe he's an nyu student, or at least he was at the time i wrote the book. he did a really fun thing which is he put his own personal data up on a kickstarter account. what that means is i think it was for a month, maybe longer, he tracked his action. he had a web cam pointed at himself. he tracked all his cookie data, and he had beautiful visualizations about his life. and the point he was making is, look, if everyone else is going to track me anyway and make money off of my actions -- again, my unique portrait and identity in the world, digitally or even in, quote, the real world when we get tracked by cameras and rfid tags and all that -- he said i should be able to make money, that's my data. so it was, in one sense, almost an experiment. but these beautiful visualizations, graphs and pie charts. i forget what it was, i paid $5, i think, for two days of data. and he sent it to me. i don't know him, it's not like i'm going to use it to target him, but i almost bought it in the sense of it was a form of artwork to me because it was a portrait of his life f

professor ofis a management sciences at nyu stern school of business.esearch focuses on how to regulate destructive technologies. gentlemen, thank you so much for joining us. is new york making the right call trying to ban lyft? >> it is a more public in its story in new york than it is in any other american city. we rely so much more on public transportation. as a consequence, our regulatory of the structure is so much deeper, and so much more complex. the ways in which we regulate the analogues, the old way of sharing, is a little more complicated than it is in a city like austin or a city like san francisco. this is the beginning of the conversation. it's a conversation that has to recognize as matt pointed out that we are blurring the lines between personal and professional here. we used a sort of live in a wouldwhere some people not drive people commercially, and other people would drive people commercially full-time. right now, we have a continue on that. some only drive five hours a week, some 10. +++ should be driving whether or not a city gover

bring in our market panel dreaming out alan workshop in, ubs chief analyst reserved and nyu law professorll, michael church. ali, let me start with you. i think the big question and we kind of as we move into the jobs report tomorrow the question is that the markets have an taking off thanks to janet yellen and the feds, but they are looking at the same employment data we are looking at and it has not been a strong as it could be. what is going on? >> i think she is very clear today and when she came out with her statement a few weeks ago and the federal reserve cannot with their announcement about interest rates they are concerned about certain risks to the market and they are going to be prepared to deal with full abilities as they exist and this federal reserve will look at the market in the job numbers and make decisions accordingly new line steve, the same time see what the economy-- the criticism of the that and yelling particularly was that they were truly ignoring the underpinning of the economy, which is not strong and we have had gdp which is not been good so far this year. >> y

my other guess is a refresher of student -- at nyu stern school of business.en, thank you for joining us. is new york making the right call right now trying to ban lyft? >> it is a more complicated story in new york than it is in any other american city. we rely so much more on public transportation, taxis, for our day-to-day functioning. deeper andence is complex. regulatein which we the old way of sharing taxicabs is sort of a little bit more couple hated than it is in a city like austin or a city like san francisco. ofhink this is the beginning a conversation. it is a conversation that has to ofognize that we are sort luring the lines between personal and professional here. a world wheree in some people would not drive people commercially and others would drive them commercially full-time. right now we have got a continuing. some drive five hours a week and others who drive 10 hours a week. we are in the process of adjusting regulatory system to accommodate this new model. this is just the first step. >> there is no question that new york is unique, but eve

i think a lot of those kids were angry, confused and afraid, they were afraid they were going to nyu,olumbia and when they came outs ars there would be no 100,000 gig waiting for them, they are afrairee frayed. >> there are a lot of jobs. charles: thank you, up next, government hubris run among, a surprising story out of oakridge, tennessee, all about the act sepbgts, nice t since, - accent, nice to know that this is what the government thinks we need to spend our money on. we'll be right back, this is what it's all bwe're making money. charles: i have a stock idea for you that i think the broaden your portfolio, be not afraid. we'll handicap tomorrow's job report. tell you how to make money from it. in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.99% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polid

. >> reporter: adam alter is a professor of marketing at the nyu sterns school of business.says entrepreneurs like darren and dave use fear in a very direct way to market their products. >> what i would like you to do is make a plan and then work your plan. >> one of the big keys is if people are feeling fearful, that you also give them a tool or tools to deal with that fear. and you give them a sense of control. >> i really equate it back to insurance. our demographic is people who want to be able to be comfortable and survive if there's an emergency. >> so they actually manage the fear, overcome it. even though the chance of something bad happening is small, we want to know that it's something we don't have to worry about. >> fear is a very strange emotion because it's very beneficial but it's also very destructive at the same time. >> reporter: like many preppers, dave, the store manager, lives on a compound at this remote location. he keeps his family and emergency supplies secured behind this steel fence. >> let's say it's a terrorist attack or major earthquake or crash

during that time he also served as an adjunct professor at nyu school of law. in 2008, mr. patton taught as an assistant to the university of alabama. and from 2010 to 2011, he was visiting associate professor of law at the stanford law school. he currently teaches professional responsibility in criminal law as an adjunct professor of law at nyu. mr. patton clerked for the honorable hilton for the eastern district of virginia. he's a graduate of university of virginia law school, and we welcome you to the committee. we're expecting our first and our own votes of the day at 10:15, so without objection, members' opening statements will be made part of the record. you are recognized for your opening statement. does that suit anybody? no objections? >> mr. bachus, there. thank you. thank you very much for inviting the department of justice today, and thank you, congressman, for that very nice introduction. we very much appreciate the opportunity to appear at today's hearing. last august in remarks at the annual meeting of the american bar association's house of delegates, my bo

why not send them to nyu or ucla and buy the property and you got the money and the children can learnsh and get first class education in the united states and in if you are a chip chin buyer, you are making money. and one of the caviats and experts are concerned about what is happening. we have seen prices for homes rise and rise and rise this year. a big piece of that thanks to the report that came out from the national association of the realtors. they are jump nothing part large part because we are getting foreign buyers in particular coming from china and canada as well. canadians will tell you it is too expensive to buy in canada. does it hurt the u.s. home buyer? >> yes, it does. sources tell me that the relationship we are seeing the prices go up and up is because of investors and that hurts americans that would like to buy the first- time home, these kids that have the student debt. >> oh, man, i guess it is good news if your house is in the market but not if you are trying to buy. >> and in europe and other parts of the world as well. smoking hookah is popular here in the uni

to combat global warming one nyu professor suggested shrinking ourselves which would reduce our carbonootprint. matthew leo explains, quote, reducing height by 15 centimeters would be a reduction in mass of 25% which means less of you has to be transported instead. he notes, you can fit in airplanes better as well. cutting human size could be accomplished with a technique called pre implantation. embryos would be selected based on height. we could return to a time when everyone was smaller and happier as seen here. >> laughing at a camel. who hasn't done that before? they are funny beasts. is there a point? >> the most fascinating thing is talking about the idea that they could build a patch that replicates eating a juicey burger? >> it is to prevent you from eating meat. >> but it would give you the sensation that you are eating the burger. and we have the technology to do this and we are not doing this? h is insane. >> i think it is a hypothetical. >> let's put the money behind it. you are thin and then you quit smoking and then you put on some weight. this is a good idea. the time h

. >> jimmy: she's going to nyu to study acting. >> yes, so she's going to supersede me big time unlessoles. >> jimmy: that would be great if you could do a movie together. >> wouldn't that be awesome? >> jimmy: that would be great. >> that would be awesome. >> jimmy: that would be nice. >> she just graduated high school. "on golden pond" again. >> jimmy: she just graduated high school like last month or was that -- >> she graduated from high school. >> jimmy: were you tearful and excited and proud and all those things at the ceremony? >> i was a lot of things, but at first i didn't understand, but the keynote speaker was terry bradshaw. >> jimmy: what? he can't even read. >> that's what he was explaining. he was explaining he can't read and he knows he's dumber than everybody here. but his speech was mind boggling, absolutely brilliant. you would never imagine. he should have your job. >> jimmy: terry and i used to work together on fox sports. we worked together for two full years. every week we were there together. one night at dinner he decided he liked me. he stood up to give a toas

the one, you know, where the nyu student did an interview, and she came to the realization what she thought that jerry and george were gay, right? and they would always say this. >> not that there is anything wrong with that. >> not that there is anything wrong with that. >> not at all. >> nothing wrong with that. >> not at you. >> not that there is anything wrong with it. >> anything wrong with that. >> not that there is anything wrong with that. >> that's the all time best. >> everyone use. >> to this day. >> yes. >> twenty-five years later. >> life's crazy, not that there is anything wrong with that. >> my birthday, can i not believe this woman is going to come into our studio in about two minutes. she is here. just visiting with her in the green room. putting her make up on. boy, does she look good. commoncc >>> oh, i cannot wait, it is saturday night, citizens bank park, weather will be fantastic and that woman, is now, in our studio. okay, woman's beyonce's right there but it is ashley, good to see you. >> you too. >> welcome to philadelphia. >> welcome. >> thank you. >> quite a gift

during that time he also served as an professor at nyu, school of law. in 2008, mr. patton was assistant professor at the university of alabama, and from 2010 to 2011 he was visiting associate professor of law. he teaches professional responsibility in criminal law and ised a adjunct professor at nyu. he clerked for the honorable claude hilton of the united states district court for the eastern district of virginia, is a graduate of university of virginia school of law. we welcome you to the committee. we're expecting our first and our only votes of the day at 10:15. so without objection, members' opening statements will be made part of the record. contributed will continue to contribute significantly to the discussion of improvements to make our system more fair and efficient. the department has an interest in all of the interests that this task force has explored. in our written testimony we address issues regarding so-called regulatory crimes, a possible mens rea uniform crimes, which are the focus of the task force. i look forward to addressing those topics today

during that time he also served as an adjunct professor at nyu school of law. in 2008, mr. patton taught as an assistant to the university of alabama. and from 2010 to 2011, he was visiting associate professor of law at the stanford law school. he currently teaches professional responsibility in criminal law as an adjunct professor of law at nyu. mr. patton clerked for the honorable hilton for the eastern district of virginia. he's a graduate of university of virginia law school, and we welcome you to the committee. we're expecting our first and our own votes of the day at 10:15, so without objection, members' opening statements will be made part of the record. you are recognized for your opening statement. does that suit anybody? no objections? >> mr. bachus, there. thank you. thank you very much for inviting the department of justice today, and thank you, congressman, for that very nice introduction. we very much appreciate the opportunity to appear at today's hearing. last august in remarks at the annual meeting of the american bar association's house of delegates, my bo

the conversation in the past, that they're basically buying million dollar apartments for kids to go nyu? >> they're making an investment that is a long-term investment but not income producing asset, they are trying to take wealth, put it in the united states because u.s. real estate is a very long-term durable investment and if they have a 50 year time horizon, they're not worried about cash on cash return is. cheryl: if you look at why this is happening, you're curious if it's going to continue or the boom that we've seen is this year and then it's going to be over. there is so much talk about a real estate bubble. >> there is fear about bubbles especially when prices go up and economic indicators don't widely support values going up, but a supply and demand story. when you have foreign investors in addition to regular domestic demand, that's going to force the bubble higher. they're not buying only overpriced gateway cities. just as much texas and chicago as it is the big gateway cities. >> is there a downside, we were much to the hill july 4th, go america. this is hurting the u.s. b

we heard at a program at nyu take kids in high school, threatening to drop out.ive them apps skills and they're out making $100,000 in their first job. okay, we haven't got to do that. we need to raise our minimum wage. we haven't got to do that. the third thing is emerging council. getting the ceos together, the people who get it, who want to make service jobs better, creating the best practices, but there are two other points to this plan. the mayor has talked about affordable housing, and we heard today, we heard today from young journalist who is are now established journalists who said if they had come here 15 years ago they wouldn't be able to afford it. he said it the best. i hope you elaborate it on it. it's the infrastructure and ecosystem that goes beyond affordable housing. it's making sure that we have the investments in transit so we can commute. connecting the parts of queens and other parts-- >> but is that going to happen? it's a big city. it's a big city with a lot of politics. it's hard to get things done. things move, it's an efficient city, bu

bank analyst brad hines is retiring from bernstein to teach at the nyu school of business.e a professor to teach kids how to manage financial firms during periods of rapid regulatory change. that will come in handy blues the republican national committee will recommend cleveland as host city for the 2016 national convention. the city has not posted since the 1930s and will need to raise $50 million to cover all the costs. that is the latest from the fox business network giving you the power to prosper. melissa: breaking news, manhattan federal court reached the verdict on the insider-trading case against raj rajaratnam's brother. let's go to adam shapiro with more on this. >> not guilty on conspiracy. he had originally been charged with seven charges of insider trading, four of those were withdrawn by the prosecution. the judge threw out three more saying there was insufficient evidence to prosecute and convict him. this was one charge left, conspiracy and he was found not guilty. so far the prosecutor's office has obtained 81 convictions or pleas of guilty. out of 86 peopl

he currently teaches professional responsibility and criminal law as an adjunct professor of law at nyu. he clerked for the united states district court for the eastern district of virginia and graduate university of virginia law school we welcome you to the committee. we are expecting our first and only vote of the day at 10:15 to without objection members opening statements will be made a part of the record. you are recognized for your opening statement. any objections? >> thank you for inviting the department of justice today and congressman for that nice introduction. we appreciate the opportunity to appear in today's hearing. last august at the remarks at the american bar association house of delegates migh by abbae attorney general of the united states spoke of his desire to forge a more just society and reform and strengthen america's criminal just as system. he said it is our duty to identify those areas we can improve in order to better advance the cause of justice for all americans and on behalf of the attorney general i want to thank the members of the task force for your pur

the critics of the professor who wrote that article, he's a fellow, i think, at nyu say that he sounds like osama bin laden, that for you to cite him with authority, makes everyone who is supporting him ducking the argument of terrorism, which is well it was fair to bomb the world trade center because all americans have blood on their hands because they support their government policies. >> that is preposterus. hamas was elected by the palestinian people they chose hamas they chose hamas under circumstances where hamas exists for one reason, to eliminate israel. >> that is not, that is a statement of fact. >> no. this isn't my opinion. they, they not only say that, they want to you know. that they want israel to know that. so that is what the palestinians chose. >> okay. now, accepting that. how can you look at the death of children on television because israelis have been more effective militarily than palestinians have and say we shouldn't be concerned about it. it shouldn't be something american people are larmed by. it overstates it, but the fact of the matter is that when you have

he is a professor at nyu and a native new zealander. there are some international flavor to the defense of his work. >> is it realistic, in terms of taking into account who is making the decisions? waldron is forcing european regulators into their roles in court and so forth, but really, it is the terms of the service providers that are deciding things. is it the ability of european regulators to enforce their will, overtaken by this new technological world, even if you're persuaded by a? -- persuaded by it? i'm saying, are the libertarians just missing the point? >> i agree with eric on this. i think that although there are a lot more tools for freedom of expression popping up, as no one in this room needs to be reminded, there are also a lot more tools for monitoring expression popping up. one reason you always want to be on a panel with stanley fish, if you can, is that within five minutes he will go to the fundamental issues, and the technology does not begin to address the fundamental issues and that is still very relevant. what ki